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Jean Pierre
Greetings from Jean Pierre and his beauty salon business in Kigali, Rwanda! Jean Pierre is 35 years old and married with five children between the ages of 4 and 13 and two adopted orphans.

Jean Pierre, who has been in the credit association since 2004, has a salon business in Kigali which attracts many working-class clients. He employs two people in his salon. He also works in the African Library.

Jean Pierre has requested a loan to buy two helmet hair dryers for his salon, which will be enable him to attract more customers and earn more profit. With this profit, Jean Pierre will be able to build his own house.

Additional Information

More information about this loan

This loan helps low-income entrepreneurs in Rwanda grow their businesses and, ultimately, to support their families. These loans typically serve very poor and rural clients and particularly women, who often lack access to the traditional collateral needed for a loan. VFC serves these entrepreneurs through both individual and group loans and provides them with financial education and tools for them to save money for the future. By supporting this loan, you are helping Rwandan entrepreneurs build the means to support their families and improve their lives.

About Vision Finance Company s.a – Rwanda (VFC)

Vision Finance Company, soon to be known as Vision Fund Rwanda (VFR), is the microfinance subsidiary of World Vision and is one of the largest microfinance institutions serving rural underprivileged communities in Rwanda, many of which do not have access to formal financial services.

VFC serves people and communities that are economically productive but low-income, especially in very rural areas. This includes small business owners and salary earners who are looking for opportunities to provide better lives for their families and a promising future for their children.

About Rwanda

  • $1,700
    Average annual income
  • 53
    View loans »
    Rwanda Loans Fundraising
  • $15,328,600
    Funds lent in using Kiva
  • 593.5
    Rwanda Francs (RWF) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jean Pierre to buy two helmet hair dryers for his salon.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2010
Listed
Jan 6, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011